given the refi climate do you have any worries about what happens in 3 years ?  

I think in the current climate bandit signs arent going to bring you much success, simply because most people are under a mandate to stay home.

People who have been waiting for this type of climate.  

I was hoping to start a thread to discuss what current RE investors are doing in and around Philadelphia in the current investing climate with the various obstacles that have presented themselves. 

I’d love to talk more about my company and the unique management climate here in Philadelphia.

Hi Brian,Is Idaho having a rash of problem evictions, or is this just opening up the business climate there?

With the value add strategy you should be in an even better position as i would assume you are coming in well below market value.You may want to look at the prospect of income in the near future as event space in this climate will not be making much in the next few months and therefore may or may not be able to cover the rent, however if you use this time to complete the rehab i would think you are in a pretty good position.It all comes down to making sure the deal is a good one, now more then ever. 

More importantly, putting aside climate change considerations, I don't see Miami not being a vacation and second home destination within 20 years for a simple reason: you can't get closer to the equator within the contiguous United States. 

Stay healthy and safe in this troubled climate.

Also, because of this climate we're in now, your tenant may not decide to move because of the uncertainty that's ahead getting you a long term tenant, which is the dream.